SEK/EUR: what to know
The SEK/EUR rate shows how much EUR you get for 1 SEK. Right now, 1 SEK buys 0.0902 EUR at the mid-market rate. In the other direction, 1 EUR is worth 11.0846 SEK.
In the short term SEK is driven mainly by European growth and euro moves, while EUR responds to ECB policy and eurozone growth.
The Swedish Krona (SEK) is issued by Sveriges Riksbank. “Krona” means “crown”. The Euro (EUR) is issued by European Central Bank (ECB). The euro is the world’s second most-traded currency, after the US dollar.
Over the past 12 months the SEK/EUR rate has ranged between 0.0896 and 0.0951 — a change of -0.78% versus a year ago.
Use this mid-market figure as your benchmark: compare it with the rate your bank or broker quotes, and the difference is the margin you would pay.